Gold, Silver Prices Plummet on MCX; Massive Drop Recorded

• Gold and silver prices saw a significant drop on December 29, 2025.
• MCX gold (Feb 5, 2026 contract) fell by 0.92% to 1,38,584 rupees per 10 grams.
• MCX silver (Mar 5, 2026 contract) dropped by 0.09% to 2,39,570 rupees per kilogram.
• Despite the recent fall, gold prices have surged over 70% this year, and silver by up to 150%.
• Current 22-carat gold rates in Delhi, Mumbai, Chennai, Kolkata are 1,29,590 rupees per 10 grams.

Why It Matters: Gold and silver experienced a sharp decline on December 29, 2025, despite strong annual gains.